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Browsing: Meta
Big Tech Is Spending More on AI Than Anyone Expected and Investors Are Furious. Here Is Why the Spending Is Not Stopping
By fariehan
Big Tech’s AI investment has crossed into territory that makes investors uncomfortable. Microsoft, Amazon, Meta, Google, and Apple plan to…
Meta Cut 8,000 Jobs and Moved 7,000 Others Into AI Teams on the Same Day. The AI Transition Tax Is Now Being Paid by Real People.
By precious
On May 20, 2026, Meta laid off approximately 8,000 employees while simultaneously reassigning another 7,000 workers into newly formed AI…
Meta Is Building Two AI Products at Once – Hatch, a General-Purpose Agent, and a Shopping Tool for Instagram.
By precious
Meta is developing a new AI agent internally codenamed Hatch, a system built to carry out tasks across its Facebook…
Recently, new concerns emerged about Nvidia’s acquisition of SchedMD, the company behind the open‑source scheduling software “Slurm”. According to reports,…
Big Tech including Amazon, Microsoft, Alphabet, and Meta have collectively committed around $635 billion in capital expenditure for 2026, with…
After intense regulatory pressure, Meta has reversed a policy that had locked third-party AI chatbots out of WhatsApp and is…
Bridgewater associates is flagging big tech’s AI spending boom. The firm published a client note in late January 2026 warning…
Facebook owner Meta has locked in one of the largest AI hardware commitments in the industry, signing a multibillion‑dollar deal…
Alphabet, Amazon, Microsoft and Meta Plan $650 Billion AI Infrastructure Spending for 2026
By precious
Four of the largest technology companies in the world, Alphabet, Amazon, Meta, and Microsoft, are set to collectively spend approximately…
Nvidia recently announced a multiyear, multigenerational partnership that will see Meta deploy millions of Nvidia’s current and next-generation AI chips…